"The group includes the former Fed chairs Alan Greenspan and Ben Bernanke, in addition to a long list of former Treasury secretaries, including Janet L. Yellen, who served under Biden; Timothy F. Geithner, who served under Obama; and Henry Paulson, who served under President George W. Bush."

Whatever else you think of him, I don't think he is insincere about this stuff, and it should be recognized as extraordinary that he, Pritzker, and other governors are talking about the federal government in these terms. It's not normal political rhetoric, it's the language of existential emergency.

Every time I talk with @mclem.org about the economics of immigration, I come away a whole lot smarter. You can enjoy the same experience: He's written a fantastic primer on what the data reveals about the effect of slashing H-1B visas. It's a banger. Read it. www.piie.com/blogs/realti...

Jimmy Kimmel: "Most of all, I want to thank the people who don’t support my show and what I believe, but support my right to share those beliefs anyway."

New CSWEP newsletter focused on visibility in the economics profession: Christine Exley on self-promotion, Olga Stoddard on professional visibility, Corinne Low on public scholarship and how to write and publish a trade press book, Khoa Vu on social media and its professional uses.

Nothing unites the world like a Trump speech at the UN. They all agree to go get drinks afterward.

American Psychiatrist Association Statement on White House Announcement on Autism

Good news for China, India and Canada: "firms respond to restrictions on H-1B immigration by increasing foreign affiliate employment... particularly in China, India, and Canada. The most impacted jobs were R&D- intensive."

Let's cheer the Canadian women dominating world rugby. They had to crowd source to raise the money to even get into the tournament. Nobody took them seriously. They crushed the New Zealand giants. They are going into the finals. Come on fellow Canucks - is the real miracle team. So proud.

Who could’ve predicted this, other than every single critical data studies scholar, who’ve been highlighting data bias issues for years and years? Given this previous knowledge, it’s criminal that this technology has been deployed at scale. A triumph of willful ignorance and wishful thinking.

STEWART: “Comedy doesn’t change the world, but it’s a bellwether— we’re the banana peel in the coal mine… authoritarians are the threat to comedy, music, art, thought… progress.” Nailed it.

New from me — There’s been a lot of ink spilled since Charlie Kirk's murder about the "right" way to honor his death. Getting liberals fired from their jobs and forcing devoted civil servants to resign in disgust couldn’t be a more fitting tribute to his life.

We had this joke in Europe when I as a teenager: “Look, they found another load of American oil underneath some poor country.”

SB resistance.

The judge said Cook had made a strong argument that her “purported removal was done in violation of the Federal Reserve Act’s ‘for cause’ provision.”

This is sort of a thing, and I'm kind of proud of myself. The thing: I'm giving the keynote Boyer Lecture this year. Won't mean much to non-Aussies, but it's the leading annual "public intellectual" lecture series in my native Australia, and it means a lot to me.

In the last week of the 1936 campaign, FDR reminded a massive crowd in Madison Square Garden that "organized money" was "unanimous in their hate for me--and I welcome their hatred!" And then the country rewarded him with a 523-8 landslide in the electoral college. This is, in fact, good politics.

Breaking news! Federal Judge blocks the Trump administration’s attempt to remove Governor Cook from Federal Reserve Board. www.wsj.com/economy/cent...

Can’t quite put my finger on why, but somehow the actual doodle makes it so much worse and more disgusting.

"How Are the Very Rich Feeling About New York’s Next Mayor?" A Dramatic Reading of The Recent New York Times Dispatch from the Hamptons. Presented by The Gilded Age's Morgan Spector.

The national security apparatus of the United States appears to be suffering an existential disaster, but the entire class of natsec oriented journalists and pundits who tanked Biden for a messy Afghanistan withdrawal are too scared to discuss the catastrophe or the cause

There is, as of right now, no coverage of this protest on the WaPo website or in their @washingtonpost.com feed. So, if you (you reading this) want people to SEE this protest, you must share it.

Obviously, if you're at the Open and see any protests, be sure to film them and put them on social media.

Know your rights, Illinois. Stay safe and stay informed.

"And in winning our own independently enforceable judicial order, our organizations (AAUP and UAW) have helped protect our community’s essential rights from being bargained away in any backroom deal."

When it comes to producing high-earning graduates with less student debt, the University of California is the best of the best, a new @Forbes ranking finds, placing UC campuses in all 3 top spots among public universities in the country. https://bit.ly/3JQ84TC

The economic effects of purging immigrants have been extensively studied. Here is a very nice estimate of the job losses that US natives can expect from the current purge, leveraging the best research economists have, by @benzipperer.org and colleagues.

It's time to lay down a marker: If (or when!) there's a crypto crash, there's no reason for a federal bailout. Would love to see Republican congressional reps go on the record on this now, before the President's private interests lead them to wilt under pressure later.

We usually rely on GDP, trade, or wages to study the past. This amazing paper flips the script. It analyzes 630,000 paintings (1400-2000) to extract emotions and shows how art tracks living standards, wars, inequality, and even climate shocks. (How is this economics? Everything is economics!)

Trump's broad & historically high tariffs are bad for everyone. But even strategic tariffs aren’t guaranteed to protect workers without unions. Tariffs can protect industries, but only unions protect workers. Read more on why Trump’s trade policy won’t help US workers: www.epi.org/publication/...

Nearly 600 economists, Nobel Laureates sign open letter supporting due process for Lisa Cook and Federal Reserve independence for the good of our economy and democracy. Great work from @tderyugina.bsky.social organizing such a quick response. www.bloomberg.com/news/article...

NEW: The trump administration attempted to remove 600 terrified unaccompanied minors to Guatemala in the middle of the night on a holiday weekend. Judge Sooknanan stopped it. My latest: www.muellershewrote.com/p/the-sookna...

Atlantic hot take, so tired before it was printed. But this is funny: "Today, the American university system continues to receive massive amounts of public funding, Trump’s cuts notwithstanding..." Like, update your info, both-sides dude

Interesting results re declining suicide and the banning of highly toxic pesticides in Sri Lanka. Strongly suggestive of how one might reduce suicides in USA by restricting the tools.

On this Labor Day, let's remember that today isn't likely to offer a respite for those--disproportionately women, and especially women of color, immigrant women, and low-income women--who do the unpaid and underpaid labor of care. In fact, that labor may even be greater on days "off" like today. 1/🧵

Fellow economists: Stand up for Fed Governor Lisa Cook and the principle of Federal Reserve independence. Sign this letter by Monday.

This letter is not particularly controversial in its assertions and the topic of central bank independence is extremely important. Takes about 4.5 minutes to read and sign (if you agree.) Looks like the number of signatories is up since Tatyana's post, but Economics needs YOU!

Alright, fuck it, enough of the shenanigans. We're spending an hour to edit a series of a pelican diving into the ocean that took 3 seconds to shoot. jking please continue with the shenanigans. we deserve it! #birds

Business & academic economists, please check it out. If you agree, please sign and share here, by email, with your colleagues, your friends, your associations, by any means possible. Private sector voices carry weight with relevant audiences. #FinTwit #NumbersDay #EconSky

I have no idea where this comes from, but surely he needs to leave Chicago alone. Really, don’t mess with Chicago!

Obviously.

Enough is enough. The health of the country is in danger. Read our resignation letters: insidemedicine.substack.com/p/breaking-n...

ICE took 2 firefighters OFF THE FUCKING FIRE LINE!?

1/Our client was notified tonight by White House staff in the personnel office that she was fired. As a presidential appointee, senate confirmed officer, only the president himself can fire her.

It’s outrageous that Sec. Kennedy is trying to fire the CDC Director — after only a few weeks on the job — for her commitment to public health & vaccines. The Sen. HELP Committee must hold a hearing with Kennedy & the CDC Director as soon as possible. Vaccines save lives. Period.

Monarez is playing her weak hand perfectly, and should be a model for institutional resistance for the next four years: 1. Make them fire you 2. Don’t go along to get along 3. Don’t apologize, have confidence in your own integrity and the importance of your role 4. Always escalate the conflict

Whoa, the plot thickens.

What a pack of thuggish, evil morons this regime is.

‪Ouster comes after days of fights with RFK Jr and other officials‬ ‪One flashpoint: whether Monarez would support covid vax policy changes‬ ‪Monarez tried to enlist Bill Cassidy to defend her, further angering RFK Jr‬ ‪More updates with @lenasun.bsky.social here ‬

Here are excerpts from the resignation letters from CDC leaders: ‪Via @jeremyfaust.bsky.social‬ insidemedicine.substack.com/p/breaking-n...